Austin - South Homes under $500,000

Austin - South Homes under $500,000

Welcome to South Austin, a vibrant and eclectic neighborhood that perfectly captures the spirit of Texas’ capital city. Nestled within Travis County, South Austin boasts a unique blend of urban charm and natural beauty, making it a sought-after destination for homebuyers looking for an inviting community with plenty of character.

Known for its rich cultural scene, South Austin is home to an array of local shops, trendy cafes, and mouthwatering eateries that celebrate the city's culinary diversity. The famous South Congress Avenue, affectionately known as SoCo, is just a stone's throw away, offering residents an exciting mix of boutiques, live music venues, and art galleries that showcase the creative heart of Austin.

For those who appreciate the great outdoors, South Austin is dotted with beautiful parks and green spaces, such as the iconic Zilker Park and the scenic Lady Bird Lake, where you can enjoy hiking, biking, and kayaking against the stunning backdrop of the Austin skyline.

What’s more, South Austin offers an array of homes priced under $500,000, providing an excellent opportunity for first-time buyers and families alike. From charming bungalows to modern townhomes, there’s something for everyone in this dynamic market. With a growing community and a strong sense of belonging, South Austin is not just a place to live; it’s a lifestyle filled with warmth, creativity, and endless possibilities.

Discover your dream home in South Austin today and become part of this thriving community!

Newest Austin - South Homes under $500,000

1900 Barton Springs Rd Unit 2047, Austin
$419,999
1 Beds ⋅ 1 Baths ⋅ 8029788 MLS ⋅ 78704 Zip Code
Stunning 900-square-foot home in coveted Zilker, featuring 10-foot ceilings, abundant natural light, and a thoughtfully designed open floor plan. The spacious living area offers a versatile space for a formal dining area or home office. The sleek kitchen features granite countertops, subway-tile backsplash, stainless-steel appliances, and a large island perfect for entertaining. The king-sized primary bedroom includes an oversized walk-in closet, while the bathroom offers dual granite vanities and a tub/shower combination. Zilkr on the Park offers exceptional amenities, including a state-of-the-art fitness center, business center, conference room, club room, resort-style pool, BBQ area, fire pit, and garden. Enjoy an unbeatable location just steps from Zilker Park, Barton Springs Pool, the Greenbelt, Downtown, and South Congress. A large storage unit is also negotiable. Come see why this bright, beautifully located home is such a special opportunity—schedule your tour today!

1900 Barton Springs Rd Unit 2047, Austin
5210 Emerald Meadow Dr, Austin
$425,000
3 Beds ⋅ 2 Baths ⋅ 9652998 MLS ⋅ 78745 Zip Code
Recently updated and move-in ready, 5210 Emerald Meadow Drive is a charming 3-bedroom, 2-bath home offering a fresh, inviting interior in the heart of South Austin. Thoughtful updates and a bright, neutral palette create a clean, modern feel, while abundant natural light adds warmth throughout. The living and dining spaces flow easily together, complemented by updated flooring and contemporary finishes. The refreshed kitchen is full of character with crisp white cabinetry, quartz countertops, stainless steel appliances, and a classic subway tile backsplash. Its bright, streamlined design makes the most of the space while connecting naturally to the surrounding living areas. The primary bedroom offers a comfortable retreat with an updated ensuite bath featuring a walk-in shower and modern finishes. Two additional bedrooms provide flexibility for guests or a home office, while the updated secondary bath continues the home's fresh, cohesive style. Outside, mature trees and a spacious fenced backyard provide plenty of room to relax, entertain, garden, or create your own outdoor retreat. The generous yard adds to the home's welcoming feel and offers wonderful potential for enjoying Austin's outdoor lifestyle. Located in desirable 78745, this South Austin home offers convenient access to South Congress, South First, Westgate, and St. Elmo, with an abundance of local restaurants, coffee shops, shopping, and entertainment nearby. Easy access to major roadways provides a convenient connection to Downtown Austin and beyond, combining an established neighborhood setting with the energy and convenience of South Austin living.

5210 Emerald Meadow Dr, Austin
7314 Eganhill Dr, Austin
$460,000
3 Beds ⋅ 2 Baths ⋅ 2721675 MLS ⋅ 78745 Zip Code
Located in South Austin and backing to Stephson Nature Preserve, this 3-bedroom, 2-bath home offers a unique connection to the surrounding natural landscape with direct backyard access to walking trails and views of local wildlife, including deer and fox. With no through traffic, the setting offers a peaceful backdrop while remaining convenient to South Austin amenities. Inside, bamboo flooring runs throughout the home, complemented by an efficient air-conditioning system and Low-E energy-efficient windows and storm doors designed to enhance comfort and efficiency. A wood-burning fireplace with a gas connection adds warmth and character to the living space. The zero-scaped yard requires little to no watering, creating a low-maintenance outdoor space. Thoughtful pet-friendly features include access points to the porch, back door porch, and garage. With its nature preserve setting, efficient features, and functional layout, this South Austin home offers a distinctive opportunity to enjoy comfortable living surrounded by nature.

7314 Eganhill Dr, Austin
12005 Salvador St, Austin
$249,999
3 Beds ⋅ 2 Baths ⋅ 7135389 MLS ⋅ 78748 Zip Code
Welcome to this beautiful under construction mid November delivery home located in the desirable Estancia community in South Austin. This thoughtfully designed single-story home features 3 bedrooms, 2 bathrooms, and a two-car garage. The open-concept floor plan creates a bright and inviting living space that flows seamlessly between the kitchen, dining, and living areas—perfect for everyday living and entertaining. Enjoy a private fenced yard ideal for relaxing, outdoor gatherings, or family time. With modern finishes and a functional layout, this home offers comfort, convenience, and great family living in one of South Austin’s growing communities with easy access to shopping, dining, and major roadways. Affordable Housing restrictions apply, buyer must not exceed 80% MFI income limit. Call agent for details.

12005 Salvador St, Austin
400 Chippendale Ave, Austin
$479,000
4 Beds ⋅ 2 Baths ⋅ 2370879 MLS ⋅ 78745 Zip Code
Fully remodeled and adjacent to the St. Elmo district, this South Austin home pairs thoughtful design with practical upgrades. With four bedrooms and two full bathrooms, the layout offers flexibility for how you live. An open living, dining and kitchen area keeps the main spaces connected, with LVP flooring and a warm, cohesive palette throughout. The kitchen features leathered granite countertops with a waterfall edge, black stainless appliances and a mix of cabinetry and open shelving. The primary suite has a walk-in closet and direct access to the covered patio. Its generously sized bathroom includes an oversized walk-in shower with dual shower heads, including a rain shower, a double vanity and a separate toilet room. On the opposite side of the home from the primary suite, there are two additional bedrooms as well as a smaller fourth bedroom offering flexibility as a home office, nursery or hobby room, depending on your needs. The secondary bathroom brings its own personality with alabaster sconces, playful floor tile details and terracotta shower tile. A skylight brings in natural light, while a shower and tub combination adds flexibility for everyday use. Outside, the large, level, fully fenced backyard offers plenty of space for outdoor dining, gardening or simply spreading out. The covered patio gives you a shaded spot to relax or gather with friends. The improvements extend beyond the finishes: the roof, HVAC and water heater were replaced in 2026, and the home has no cast iron plumbing. An attached garage and no HOA add to the everyday appeal. Walk to coffee at Spokesman or explore the food and entertainment at The Yard, then come home to your own space in an established South Austin neighborhood.

400 Chippendale Ave, Austin
11137 Lost Maples Trl, Austin
$275,000
2 Beds ⋅ 3 Baths ⋅ 9609568 MLS ⋅ 78748 Zip Code
Welcome to this charming South Austin townhome offering comfortable living, thoughtful updates, and an ideal location near the best of South Austin. This 2-bedroom, 2.5-bath home features 1,236 square feet with an inviting open-concept layout, multiple living areas, an upstairs loft/game room, and a convenient breakfast bar. The home also offers an attached one-car garage, private fenced backyard, and rear porch—perfect for relaxing or entertaining. Recent designer-inspired updates include stained concrete flooring, updated bathroom fixtures, custom wallpaper, and stylish touches throughout. Residents also enjoy access to the community pool and guest parking. Conveniently located near South Austin restaurants, bars, food trucks, shopping, entertainment, and some of the best hiking and biking trails in the area, this home offers an appealing combination of low-maintenance living and convenient access to everything Austin has to offer.

11137 Lost Maples Trl, Austin
6903 Deatonhill Dr Unit 28, Austin
$125,000
2 Beds ⋅ 1 Baths ⋅ 3322833 MLS ⋅ 78745 Zip Code
Unbeatable value for only $140,000 for this charming and efficient 2-bedroom, 1-bathroom condo in the heart of much-loved South Austin! Situated in the Flagstone Terrace community atop Deaton Hill. The home features recent interior updates, including new appliances, beautiful engineered real wood flooring, and fresh paint throughout. The spacious primary bedroom boasts a generous walk-in closet, while the bright secondary bedroom makes an ideal home office with fantastic natural light. Step outside to your private fenced patio, offering expansive views to the horizon. A nearby community pool is the complex's gathering spot. The central hot water boiler eliminates the need for an individual water heater as well as keeping your expenses lower. HOA has now completed exterior renovations giving the community qualification for easy conventional financing! Seller will pay for all this HOA work by eliminating the special assessment at closing. Located just off William Cannon and West Gate Blvd, this is a move-in-ready deal that won't last long! Photos show vacant property prior to current tenant.

6903 Deatonhill Dr Unit 28, Austin
6800 Menchaca Rd Unit 37, Austin
$415,000
3 Beds ⋅ 3 Baths ⋅ 5641298 MLS ⋅ 78745 Zip Code
Conveniently located near Menchaca and William Cannon, this gently lived-in unit is ready to go. Enjoy a great lock-and-leave detached condo with an attached two-car garage. The first floor includes a powder bath and laundry room with full-size units that convey. Wood floors run throughout, complemented by 2" wood blinds. Relax on the covered patio with your morning coffee. The kitchen features a breakfast bar, stainless steel appliances, and quartz countertops. Upstairs, the spacious primary suite offers an en suite bath with dual vanities and a walk-in shower, plus a generous closet. Two additional bedrooms share a "Jack-and-Jill" bath. This is a great community with well-manicured grounds, all within a gated community.

6800 Menchaca Rd Unit 37, Austin
10303 Gail Rd Unit 1, Austin
$500,000
3 Beds ⋅ 3 Baths ⋅ 9149911 MLS ⋅ 78748 Zip Code
Contemporary architecture, refined finishes, and an exceptional South Austin location define The Gail Project. This luxury freestanding residence offers a thoughtfully designed modern layout complemented by luxury vinyl plank flooring, LED lighting throughout, and energy-efficient spray foam insulation. At the heart of the home, the kitchen pairs style with function, featuring stainless steel appliances, a generous center island, pot filler at the range, and a dramatic backsplash extending to the ceiling. A custom-designed nook beneath the staircase adds built-in shelving and a desk, creating an elegant and efficient space for working from home or everyday organization. Upstairs, the primary suite opens to a private balcony terrace, offering a seamless extension of the living space. The conveniently located laundry closet keeps daily routines close at hand, while contemporary baths are finished with LED-lit mirrors and layered lighting for a polished, sophisticated ambiance. Outdoors, a private yard enclosed by wrought iron fencing provides space to relax, entertain, or enjoy Austin’s year-round outdoor lifestyle, while an attached one-car garage adds everyday convenience. Ideally positioned near the vibrant Manchaca and Slaughter corridors, The Gail Project places you moments from an evolving collection of South Austin dining, entertainment, retail, coffee shops, and neighborhood favorites. Surrounded by the energy and continued growth of South Austin, this distinctive residence offers a sophisticated interpretation of modern Austin living—where thoughtful design, private outdoor space, and an increasingly sought-after location come together beautifully.

10303 Gail Rd Unit 1, Austin
2304 Sentiero Walk, Austin
$395,000
3 Beds ⋅ 3 Baths ⋅ 8320319 MLS ⋅ 78748 Zip Code
Welcome home to this stunning detached condo that lives like a single-family home in the heart of South Austin! Nestled in the boutique Lynnbrook Village community of just 25 residences, this beautifully staged 2-story gem offers the perfect blend of low-maintenance living and spacious comfort. Step inside to soaring two-story ceilings, an abundance of natural light, and an open-concept layout that seamlessly connects the living, dining, and kitchen areas — you have to see those ceilings in person to truly appreciate them! The gourmet kitchen features quartz countertops, a center island with seating, stainless steel appliances, and ample cabinet storage. Upstairs you'll find 3 spacious bedrooms including a serene primary suite with tray ceiling, private ensuite with double vanity and walk-in shower, and a stunning view of mature trees. Enjoy Texas evenings on your covered back patio — ready for entertaining — with a private, fenced backyard. Attached 2-car garage, xeriscape front landscaping, and washer/dryer included. Conveniently located between IH-35 & Mopac on the thriving Menchaca corridor — minutes to Moontower, Bouldin Acres, Armadillo Den, Southpark Meadows, and Bauerle Ranch Park with miles of trails. This one shows better in person!

2304 Sentiero Walk, Austin
6009 Leisure Run Rd, Austin
$199,900
3 Beds ⋅ 2 Baths ⋅ 1485433 MLS ⋅ 78745 Zip Code
Absolute bargain! Unbelievable price! This property is an opportunity to refresh and renew a house located in South Austin's established Turtle Creek Estates, just off of South First, near Garrison Park, and quick access to South Congress, downtown, and I-35. It won't last long at this price. Hurry to write a squeaky clean offer and save yourself the fun of a counter offer. Don't miss this golden opportunity.

6009 Leisure Run Rd, Austin
4907 Manchester Cir, Austin
$365,000
3 Beds ⋅ 2 Baths ⋅ 1819716 MLS ⋅ 78745 Zip Code
Welcome to this stunning South Austin gem, situated a short walk from the bustling St. Elmo district with seamless access to Hwy 290 and I-35. Thoughtfully refreshed from top to bottom, this move-in-ready home boasts a brand-new roof, fresh interior and exterior paint, new light fixtures, and handsome real bamboo wood flooring throughout. The kitchen comes fully equipped with all functional appliances included, complemented by modern comforts like a Nest smart thermostat. Outside, enjoy newly installed landscaping on a generous 0.165-acre lot. The spacious backyard features a covered pergola patio and serves as a blank canvas with plenty of room to add a private pool, a secondary ADU, or your ultimate outdoor oasis.

4907 Manchester Cir, Austin
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